Xtract Resources Share Discussion Threads

[papillon] 28/2/2022 12:11

Hi Twinkle. You're mistaking me for The Diddymen. He is the man who calculated those figures, not me!

ATB papillon

[denjon] 28/2/2022 11:28

Some chunky buys. Possible indication of RNS soon?

[arcadian] 28/2/2022 11:07

TD
I agree and admit to travelling with a narrower vision these days. I still have a few stragglers from last year but the list is shortening and would be shorter were it not for my nostalgia and loyalty. Count does have a point however with PANR which against the facts to date has great potential. I hold both plus GKP and a few others but know that when the news gets more concrete for XTR and PANR I have funds to expand considerably my holdings of both.

[the diddymen] 28/2/2022 10:48

Arcadian

I started looking for Cu in the Western world about the end of 2020. Sadly I found XTR a little too late to miss the early 2021 rise. Over the years I have migrated from a diversified portfolio approach to trust my judgement. I have taken no prisoners on this one and I only have one share in my 'portfolio'. Until the drill started turning it was a bit of a risk but now the drills have come back that is completely de-risked and it is now political/economic risk, plus a slightly maverick Executive Chairman.

TD

[arcadian] 28/2/2022 10:05

TD

I think you have given the dearth of data a fair hearing making calculations difficult so we must be patient and cling on to Colin`s optimism. Globally the general direction of travel seems to be on our side and I`m glad we are in Australia. My Central Asian Metals are taking a hammering this morning.

[the count of monte_cristo] 28/2/2022 09:45

I see Alkane Resources went up 10% on the ASX today, probably on the back of its gold production.

[papillon] 28/2/2022 09:28

👍 Many thanks for the detailed answer, TD.

[denjon] 28/2/2022 08:59

The fight back to 6p is hopefully starting again.

[onedayrodders] 28/2/2022 07:55

Biden ... "man talk with fork tongue"

[papillon] 27/2/2022 21:29

Interesting post, TD. What would you consider to be an acceptable offer for Bushranger? $150m? $200m? $250m? Or higher?

[arcadian] 27/2/2022 19:01

TD

What do yo call realistic although I don`t suppose you meant it like that? My figures are higher than Count`s but we are all a bit handicapped because we don`t know quantities or quality. Will we ever know? All we might see in the end is an offer.

[the diddymen] 27/2/2022 11:21

You do not change your modus operandi without a reason.

Since Christmas none of the key drills have been RNSd by XTR and we have only had the odd assay, the last being a strange choice.

We can only speculate but I think it worth a bit of consideration because it could affect timings. In my view hole 35 was the catalyst. At that point XTR advised AA that they need to familiarise themselves with Racecourse/Ascot in preparation of an offer or otherwise. The idea of a 10 day decision window is ridiculous for a major investment. You can see why it was put into the agreement, but in the current environment it would not work.

In my view the Legacy CEO comment about AA being in Rockley (XTRs NW tenement) was correct. By the time that XTR have all the assay together, the incremental holes for the SE extension and some scoping of Ascot, AA will be ready to respond in the 10 days.

Given the imbalance between AA's capital employed and its aspirations I would be frankly amazed if XTR do not receive a realistic offer. It could all happen a lot sooner than you think. Frustrating if it all starts before 5th April!

[the count of monte_cristo] 27/2/2022 10:59

...But even as the president stresses the need to boost domestic production of critical minerals, his administration has blocked several proposed US mines, including the Pebble project in Alaska, Rio Tinto’s Resolution copper project in Arizona and Antofagasta’s Twin Metals project in Minnesota. It has also taken steps to slow down development of a lithium mine in Nevada from ioneer.

“Environmental protections are paramount,” said Biden.

[papillon] 26/2/2022 22:22

👍 avsome1968



I don't subscribe so can't read the article, just the preamble.

[avsome1968] 26/2/2022 00:48

RBD doing really well for me also added 50k in XTR today that gives me 1m shares over three account, just need to sit on my hands for a while to reap the awards, RMM worth buying PAP wont belong before it breaks 50-60p this year. Also keep a eye on ECR,

[papillon] 26/2/2022 00:27

MoneyWeek: The price of gold spiked yesterday, then collapsed – what happens next?.


Excellent article. Well worth reading.

Let's hope Ascot contains lots of gold! That's my wish.

[papillon] 25/2/2022 14:29

avsome1968 must be delighted. ARCM is storming ahead. Congratulations avsome1968! You certainly know how to pick 'em going by your ARCM buy when it looked, to all intents and purposes, dead and buried.

PS XTR share price suddenly picking up! 😁

[papillon] 25/2/2022 12:35

Wot, no RNS? 🤣

[arcadian] 25/2/2022 11:04

I think I prefer the name Colin especially when he speaks of great drilling results at Ascot but for that I suppose I must await his pleasure.

[the count of monte_cristo] 25/2/2022 08:41

Ha ha, it's his real name, a miner through and through!

[placingalert] 25/2/2022 08:00

Dear Rampers you have not answered my genuine questions abt XTR , but instead you are trying the bully boy tactics on your Rampers BB by banning people like me and that is only going to make them more determent.

[denjon] 25/2/2022 07:52

Loads of money and could be heading our way...